Valletta Fund Management Limited has announced fantastic offers on its multi-manager range of investment funds. The Multi-Manager range consists of five funds namely, the La Valette Multi Manager Property Fund, the Vilhena Dynamic Multi-Manager Funds, the Vilhena European Multi-Manager Fund, the Vilhena UK Multi-Manager Fund and the Vilhena US Multi-Manager Fund. The upfront charge on these funds has been discounted with immediate effect to 2.5 per cent until 30 September 2007.

The La Valette Multi-Manager Property Fund, which offers investors the opportunity to invest primarily in the UK and European real estate property, has been particularly attractive to experienced investors with a fund size as at 31 July 2007 exceeding EUR84 million.

The fund aims to provide consistent income as well as offering potential for capital growth, at lower volatility levels than those associated with equities and bonds.

The Vilhena Dynamic Multi-Manager Fund aims to provide investors with positive total returns with the prospect of long-term capital growth. This fund is ideal for the low and medium risk-profile investors who can take advantage of the flexibility offered by the fund by gaining access either indirectly through collective investment schemes or directly in different asset classes namely, bonds, equities, cash and property thereby reducing the volatility of investment market cycles.

The objective of the Vilhena European Multi-Manager Fund, Vilhena UK Multi-Manager Fund and Vilhena US Multi-Manager Fund is to achieve long-term capital growth. The funds invest predominantly, but not exclusively, in units of Collective Investment Schemes, which invest in sectors of the economies of European countries, the UK economy and the US economy respectively.

From launch on 22 June 2004 to 30 June 2007 the Vilhena European Multi-Manager Fund, the Vilhena US Multi-Manager Fund and the Vilhena UK Multi-Manager Fund have respectively registered an annualised return of 19.77 per cent, 11.13 per cent and 17.78 per cent.